Share Price and Basic Stock Data
Last Updated: October 27, 2025, 8:24 pm
| PEG Ratio | 215.12 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Xchanging Solutions Ltd, operating in the IT Consulting & Software industry, reported a share price of ₹86.1 and a market capitalization of ₹959 Cr. The company’s revenue trends show a fluctuating pattern over the past quarters. For instance, sales stood at ₹44 Cr in June 2023, then declined to ₹43 Cr in September 2023, before dropping further to ₹42 Cr in December 2023. However, sales are expected to recover slightly to ₹44 Cr in March 2024 and remain stable at this level through June 2024. On an annual basis, the sales for the financial year ending March 2025 are projected to reach ₹185 Cr, reflecting a modest increase from ₹174 Cr in March 2024. This indicates a potential stabilization in revenue generation, albeit at a conservative growth rate, as the company navigates through competitive pressures in the IT sector.
Profitability and Efficiency Metrics
Xchanging Solutions has exhibited varied profitability metrics, with an operating profit margin (OPM) of 33% reported in the latest data. The net profit for the trailing twelve months is ₹50 Cr, translating into an earnings per share (EPS) of ₹4.45 for the financial year ending March 2025. The company’s return on equity (ROE) stands at 13.9%, while return on capital employed (ROCE) is at 15.4%. These figures suggest a reasonable efficiency in generating profits relative to shareholder equity and capital employed. However, the interest coverage ratio (ICR) is robust at 11.02x, indicating the company’s strong ability to meet its interest obligations. Notably, the cash conversion cycle (CCC) is reported at 24 days, which is indicative of efficient working capital management, allowing the company to convert its investments in inventory and receivables into cash more quickly than many of its peers.
Balance Sheet Strength and Financial Ratios
The balance sheet of Xchanging Solutions reveals a stable financial position, with total reserves amounting to ₹247 Cr against borrowings of ₹85 Cr, resulting in a debt-to-equity ratio of 0.23x. This low leverage indicates a conservative approach to financing, which is favorable in maintaining financial health. The current ratio is reported at 4.57x, showcasing strong liquidity and the ability to cover short-term liabilities comfortably. Additionally, the price-to-book value (P/BV) ratio stands at 2.67x, which reflects a fair valuation compared to the book value of ₹32.20 per share. The company’s total liabilities have decreased to ₹504 Cr in March 2025 from ₹523 Cr in the previous year, highlighting a reduction in financial obligations and enhancing the overall balance sheet strength. The overall financial ratios suggest that Xchanging Solutions is well-positioned to handle its financial commitments while maintaining adequate liquidity.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Xchanging Solutions indicates a robust promoter stake of 75%, which reflects significant insider confidence in the company’s prospects. Foreign institutional investors (FIIs) hold a mere 0.09%, while domestic institutional investors (DIIs) account for 0.29%. The public shareholding stands at 24.61%, with a total of 81,416 shareholders as of March 2025. This concentrated ownership structure could be seen as a double-edged sword; while it may signify stability, the lack of institutional investor interest could point to limited market confidence. Over recent months, the number of shareholders has shown a gradual increase, suggesting a growing interest from retail investors. However, the low participation from FIIs raises concerns about the stock’s attractiveness on a broader scale, which may impact liquidity and market sentiment moving forward.
Outlook, Risks, and Final Insight
If margins sustain around the reported levels, Xchanging Solutions could see improved profitability in the coming quarters. However, the company faces risks, including fluctuating revenues and a heavy reliance on domestic markets, which could be vulnerable to economic downturns. Additionally, the low institutional ownership might restrict the stock’s upward momentum. The IT consulting sector is also highly competitive, which could pressure both pricing and margins. If the company can effectively manage these challenges while capitalizing on growth opportunities within the sector, it may enhance its market position. Furthermore, maintaining a solid balance sheet and efficient operational metrics will be crucial for sustaining investor confidence and ensuring long-term growth.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Xchanging Solutions Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | 0.38/0.33 | 1.12 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 31.4 Cr. | 9.94 | 10.2/4.43 | 0.25 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 155 Cr. | 144 | 194/99.8 | 34.7 | 33.2 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 35.2 Cr. | 274 | 310/140 | 27.2 | 19.0 | 0.36 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 5.86 Cr. | 1.21 | 1.73/0.91 | 53.2 | 2.52 | 0.00 % | 2.14 % | 2.15 % | 2.00 |
| Industry Average | 19,327.00 Cr | 566.01 | 144.44 | 119.01 | 0.53% | 14.92% | 20.95% | 6.84 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 43 | 41 | 46 | 44 | 43 | 42 | 44 | 44 | 44 | 46 | 51 | 50 |
| Expenses | 29 | 30 | 33 | 33 | 30 | 32 | 31 | 35 | 33 | 34 | 31 | 33 | 34 |
| Operating Profit | 15 | 14 | 8 | 13 | 14 | 12 | 11 | 10 | 11 | 11 | 14 | 17 | 16 |
| OPM % | 34% | 31% | 19% | 29% | 32% | 27% | 27% | 22% | 24% | 24% | 31% | 34% | 33% |
| Other Income | 2 | 3 | 2 | 3 | 4 | 6 | 5 | 8 | 6 | 4 | 4 | 4 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 17 | 17 | 10 | 16 | 17 | 17 | 16 | 16 | 14 | 13 | 16 | 20 | 19 |
| Tax % | 10% | 28% | 32% | 33% | 151% | 19% | 123% | 23% | 27% | 25% | 12% | 25% | 27% |
| Net Profit | 15 | 12 | 7 | 11 | -9 | 14 | -4 | 12 | 11 | 10 | 14 | 15 | 14 |
| EPS in Rs | 1.34 | 1.08 | 0.62 | 0.99 | -0.81 | 1.24 | -0.32 | 1.11 | 0.95 | 0.88 | 1.30 | 1.32 | 1.24 |
Last Updated: August 20, 2025, 1:05 am
Below is a detailed analysis of the quarterly data for Xchanging Solutions Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 50.00 Cr.. The value appears to be declining and may need further review. It has decreased from 51.00 Cr. (Mar 2025) to 50.00 Cr., marking a decrease of 1.00 Cr..
- For Expenses, as of Jun 2025, the value is 34.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 33.00 Cr. (Mar 2025) to 34.00 Cr., marking an increase of 1.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 16.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17.00 Cr. (Mar 2025) to 16.00 Cr., marking a decrease of 1.00 Cr..
- For OPM %, as of Jun 2025, the value is 33.00%. The value appears to be declining and may need further review. It has decreased from 34.00% (Mar 2025) to 33.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Interest, as of Jun 2025, the value is 1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.00 Cr. (Mar 2025) to 1.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 19.00 Cr.. The value appears to be declining and may need further review. It has decreased from 20.00 Cr. (Mar 2025) to 19.00 Cr., marking a decrease of 1.00 Cr..
- For Tax %, as of Jun 2025, the value is 27.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Mar 2025) to 27.00%, marking an increase of 2.00%.
- For Net Profit, as of Jun 2025, the value is 14.00 Cr.. The value appears to be declining and may need further review. It has decreased from 15.00 Cr. (Mar 2025) to 14.00 Cr., marking a decrease of 1.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 1.24. The value appears to be declining and may need further review. It has decreased from 1.32 (Mar 2025) to 1.24, marking a decrease of 0.08.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:07 am
| Metric | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017n n 15m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 243 | 287 | 279 | 307 | 186 | 184 | 182 | 196 | 174 | 174 | 174 | 185 | 191 |
| Expenses | 226 | 286 | 252 | 298 | 160 | 141 | 134 | 140 | 121 | 125 | 128 | 132 | 132 |
| Operating Profit | 17 | 1 | 28 | 9 | 26 | 43 | 48 | 55 | 53 | 50 | 47 | 53 | 59 |
| OPM % | 7% | 0% | 10% | 3% | 14% | 23% | 26% | 28% | 31% | 28% | 27% | 29% | 31% |
| Other Income | 27 | 36 | 15 | 14 | 16 | 15 | 13 | 16 | 9 | 11 | 22 | 17 | 15 |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 6 |
| Depreciation | 5 | 5 | 4 | 3 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Profit before tax | 39 | 32 | 39 | 20 | 41 | 57 | 59 | 70 | 61 | 60 | 66 | 63 | 68 |
| Tax % | 22% | 21% | 24% | 8% | 22% | 18% | 8% | 10% | 14% | 25% | 79% | 22% | |
| Net Profit | 30 | 25 | 29 | 18 | 32 | 47 | 55 | 62 | 53 | 45 | 14 | 50 | 53 |
| EPS in Rs | 2.72 | 2.25 | 2.62 | 1.64 | 2.84 | 4.19 | 4.91 | 5.60 | 4.72 | 4.03 | 1.23 | 4.45 | 4.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2,765% | 45% |
YoY Net Profit Growth
| Year | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 46.88% | 17.02% | 12.73% | -14.52% | -15.09% | -68.89% | 257.14% |
| Change in YoY Net Profit Growth (%) | 0.00% | -29.85% | -4.29% | -27.24% | -0.58% | -53.79% | 326.03% |
Xchanging Solutions Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2018-2019 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 0% |
| 3 Years: | 2% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -2% |
| 3 Years: | -2% |
| TTM: | 58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 4% |
| 3 Years: | 6% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 7% |
| Last Year: | 14% |
Last Updated: September 5, 2025, 1:56 pm
Balance Sheet
Last Updated: July 25, 2025, 2:03 pm
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 167 | 193 | 222 | 239 | 272 | 322 | 385 | 444 | 502 | 565 | 243 | 247 |
| Borrowings | 2 | 2 | 1 | 1 | 0 | 0 | 2 | 3 | 2 | 1 | 105 | 85 |
| Other Liabilities | 105 | 103 | 78 | 101 | 84 | 80 | 75 | 67 | 61 | 66 | 64 | 60 |
| Total Liabilities | 386 | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 |
| Fixed Assets | 166 | 166 | 164 | 161 | 159 | 159 | 161 | 160 | 161 | 160 | 159 | 158 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 101 | 122 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 220 | 243 | 249 | 190 | 188 | 355 | 412 | 465 | 516 | 583 | 364 | 346 |
| Total Assets | 386 | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 |
Below is a detailed analysis of the balance sheet data for Xchanging Solutions Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 111.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 111.00 Cr..
- For Reserves, as of Mar 2025, the value is 247.00 Cr.. The value appears strong and on an upward trend. It has increased from 243.00 Cr. (Mar 2024) to 247.00 Cr., marking an increase of 4.00 Cr..
- For Borrowings, as of Mar 2025, the value is 85.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 105.00 Cr. (Mar 2024) to 85.00 Cr., marking a decrease of 20.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 60.00 Cr.. The value appears to be improving (decreasing). It has decreased from 64.00 Cr. (Mar 2024) to 60.00 Cr., marking a decrease of 4.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 504.00 Cr.. The value appears to be improving (decreasing). It has decreased from 523.00 Cr. (Mar 2024) to 504.00 Cr., marking a decrease of 19.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 158.00 Cr.. The value appears to be declining and may need further review. It has decreased from 159.00 Cr. (Mar 2024) to 158.00 Cr., marking a decrease of 1.00 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 346.00 Cr.. The value appears to be declining and may need further review. It has decreased from 364.00 Cr. (Mar 2024) to 346.00 Cr., marking a decrease of 18.00 Cr..
- For Total Assets, as of Mar 2025, the value is 504.00 Cr.. The value appears to be declining and may need further review. It has decreased from 523.00 Cr. (Mar 2024) to 504.00 Cr., marking a decrease of 19.00 Cr..
Notably, the Reserves (247.00 Cr.) exceed the Borrowings (85.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017n n 15m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 15.00 | -1.00 | 27.00 | 9.00 | 26.00 | 43.00 | 46.00 | 52.00 | 51.00 | 49.00 | -58.00 | -32.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70 | 85 | 60 | 55 | 61 | 57 | 41 | 17 | 31 | 16 | 24 | 24 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 70 | 85 | 60 | 55 | 61 | 57 | 41 | 17 | 31 | 16 | 24 | 24 |
| Working Capital Days | 6 | 23 | 22 | -17 | -30 | -44 | -21 | -65 | -32 | -56 | -55 | -86 |
| ROCE % | 13% | 7% | 12% | 6% | 11% | 14% | 13% | 13% | 10% | 9% | 12% | 15% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.60 |
| Diluted EPS (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.60 |
| Cash EPS (Rs.) | 4.48 | 1.28 | 4.09 | 4.80 | 5.73 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 32.20 | 31.77 | 60.70 | 55.07 | 49.88 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 32.20 | 31.77 | 60.70 | 55.07 | 49.88 |
| Revenue From Operations / Share (Rs.) | 16.60 | 15.66 | 15.66 | 15.64 | 17.57 |
| PBDIT / Share (Rs.) | 6.29 | 6.16 | 5.41 | 5.56 | 6.40 |
| PBIT / Share (Rs.) | 6.26 | 6.11 | 5.36 | 5.48 | 6.28 |
| PBT / Share (Rs.) | 5.69 | 5.94 | 5.35 | 5.46 | 6.25 |
| Net Profit / Share (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.61 |
| NP After MI And SOA / Share (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.61 |
| PBDIT Margin (%) | 37.89 | 39.32 | 34.57 | 35.54 | 36.43 |
| PBIT Margin (%) | 37.73 | 39.01 | 34.22 | 35.02 | 35.72 |
| PBT Margin (%) | 34.29 | 37.94 | 34.17 | 34.92 | 35.59 |
| Net Profit Margin (%) | 26.81 | 7.85 | 25.74 | 30.16 | 31.89 |
| NP After MI And SOA Margin (%) | 26.81 | 7.85 | 25.74 | 30.16 | 31.89 |
| Return on Networth / Equity (%) | 13.82 | 3.87 | 6.63 | 8.56 | 11.23 |
| Return on Capital Employeed (%) | 16.13 | 14.55 | 8.67 | 9.86 | 12.45 |
| Return On Assets (%) | 9.83 | 2.61 | 6.04 | 7.80 | 9.99 |
| Long Term Debt / Equity (X) | 0.17 | 0.29 | 0.00 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.23 | 0.29 | 0.00 | 0.00 | 0.00 |
| Asset Turnover Ratio (%) | 0.35 | 0.27 | 0.07 | 0.09 | 0.09 |
| Current Ratio (X) | 4.57 | 6.09 | 9.94 | 8.87 | 6.62 |
| Quick Ratio (X) | 4.57 | 6.09 | 9.94 | 8.87 | 6.62 |
| Dividend Payout Ratio (NP) (%) | 89.87 | 2439.48 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 89.35 | 2346.98 | 0.00 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 10.13 | -2339.48 | 0.00 | 0.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 10.65 | -2246.98 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | 11.02 | 36.68 | 603.10 | 387.13 | 274.27 |
| Interest Coverage Ratio (Post Tax) (X) | 8.80 | 8.33 | 450.00 | 329.56 | 241.15 |
| Enterprise Value (Cr.) | 741.68 | 1057.28 | 78.16 | 462.18 | 328.57 |
| EV / Net Operating Revenue (X) | 4.01 | 6.06 | 0.44 | 2.65 | 1.68 |
| EV / EBITDA (X) | 10.59 | 15.41 | 1.30 | 7.46 | 4.61 |
| MarketCap / Net Operating Revenue (X) | 5.17 | 7.23 | 3.40 | 5.18 | 3.68 |
| Retention Ratios (%) | 10.12 | -2339.48 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 2.67 | 3.56 | 0.87 | 1.47 | 1.30 |
| Price / Net Operating Revenue (X) | 5.17 | 7.23 | 3.40 | 5.18 | 3.68 |
| EarningsYield | 0.05 | 0.01 | 0.07 | 0.05 | 0.08 |
After reviewing the key financial ratios for Xchanging Solutions Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 4.45. This value is below the healthy minimum of 5. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For Diluted EPS (Rs.), as of Mar 25, the value is 4.45. This value is below the healthy minimum of 5. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For Cash EPS (Rs.), as of Mar 25, the value is 4.48. This value is within the healthy range. It has increased from 1.28 (Mar 24) to 4.48, marking an increase of 3.20.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 32.20. It has increased from 31.77 (Mar 24) to 32.20, marking an increase of 0.43.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 32.20. It has increased from 31.77 (Mar 24) to 32.20, marking an increase of 0.43.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 16.60. It has increased from 15.66 (Mar 24) to 16.60, marking an increase of 0.94.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 6.29. This value is within the healthy range. It has increased from 6.16 (Mar 24) to 6.29, marking an increase of 0.13.
- For PBIT / Share (Rs.), as of Mar 25, the value is 6.26. This value is within the healthy range. It has increased from 6.11 (Mar 24) to 6.26, marking an increase of 0.15.
- For PBT / Share (Rs.), as of Mar 25, the value is 5.69. This value is within the healthy range. It has decreased from 5.94 (Mar 24) to 5.69, marking a decrease of 0.25.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 4.45. This value is within the healthy range. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 4.45. This value is within the healthy range. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For PBDIT Margin (%), as of Mar 25, the value is 37.89. This value is within the healthy range. It has decreased from 39.32 (Mar 24) to 37.89, marking a decrease of 1.43.
- For PBIT Margin (%), as of Mar 25, the value is 37.73. This value exceeds the healthy maximum of 20. It has decreased from 39.01 (Mar 24) to 37.73, marking a decrease of 1.28.
- For PBT Margin (%), as of Mar 25, the value is 34.29. This value is within the healthy range. It has decreased from 37.94 (Mar 24) to 34.29, marking a decrease of 3.65.
- For Net Profit Margin (%), as of Mar 25, the value is 26.81. This value exceeds the healthy maximum of 10. It has increased from 7.85 (Mar 24) to 26.81, marking an increase of 18.96.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 26.81. This value exceeds the healthy maximum of 20. It has increased from 7.85 (Mar 24) to 26.81, marking an increase of 18.96.
- For Return on Networth / Equity (%), as of Mar 25, the value is 13.82. This value is below the healthy minimum of 15. It has increased from 3.87 (Mar 24) to 13.82, marking an increase of 9.95.
- For Return on Capital Employeed (%), as of Mar 25, the value is 16.13. This value is within the healthy range. It has increased from 14.55 (Mar 24) to 16.13, marking an increase of 1.58.
- For Return On Assets (%), as of Mar 25, the value is 9.83. This value is within the healthy range. It has increased from 2.61 (Mar 24) to 9.83, marking an increase of 7.22.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 0.2. It has decreased from 0.29 (Mar 24) to 0.17, marking a decrease of 0.12.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.23. This value is within the healthy range. It has decreased from 0.29 (Mar 24) to 0.23, marking a decrease of 0.06.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.35. It has increased from 0.27 (Mar 24) to 0.35, marking an increase of 0.08.
- For Current Ratio (X), as of Mar 25, the value is 4.57. This value exceeds the healthy maximum of 3. It has decreased from 6.09 (Mar 24) to 4.57, marking a decrease of 1.52.
- For Quick Ratio (X), as of Mar 25, the value is 4.57. This value exceeds the healthy maximum of 2. It has decreased from 6.09 (Mar 24) to 4.57, marking a decrease of 1.52.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 89.87. This value exceeds the healthy maximum of 50. It has decreased from 2,439.48 (Mar 24) to 89.87, marking a decrease of 2,349.61.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 89.35. This value exceeds the healthy maximum of 50. It has decreased from 2,346.98 (Mar 24) to 89.35, marking a decrease of 2,257.63.
- For Earning Retention Ratio (%), as of Mar 25, the value is 10.13. This value is below the healthy minimum of 40. It has increased from -2,339.48 (Mar 24) to 10.13, marking an increase of 2,349.61.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 10.65. This value is below the healthy minimum of 40. It has increased from -2,246.98 (Mar 24) to 10.65, marking an increase of 2,257.63.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 11.02. This value is within the healthy range. It has decreased from 36.68 (Mar 24) to 11.02, marking a decrease of 25.66.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 8.80. This value is within the healthy range. It has increased from 8.33 (Mar 24) to 8.80, marking an increase of 0.47.
- For Enterprise Value (Cr.), as of Mar 25, the value is 741.68. It has decreased from 1,057.28 (Mar 24) to 741.68, marking a decrease of 315.60.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.01. This value exceeds the healthy maximum of 3. It has decreased from 6.06 (Mar 24) to 4.01, marking a decrease of 2.05.
- For EV / EBITDA (X), as of Mar 25, the value is 10.59. This value is within the healthy range. It has decreased from 15.41 (Mar 24) to 10.59, marking a decrease of 4.82.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.17. This value exceeds the healthy maximum of 3. It has decreased from 7.23 (Mar 24) to 5.17, marking a decrease of 2.06.
- For Retention Ratios (%), as of Mar 25, the value is 10.12. This value is below the healthy minimum of 30. It has increased from -2,339.48 (Mar 24) to 10.12, marking an increase of 2,349.60.
- For Price / BV (X), as of Mar 25, the value is 2.67. This value is within the healthy range. It has decreased from 3.56 (Mar 24) to 2.67, marking a decrease of 0.89.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.17. This value exceeds the healthy maximum of 3. It has decreased from 7.23 (Mar 24) to 5.17, marking a decrease of 2.06.
- For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.05, marking an increase of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Xchanging Solutions Ltd:
- Net Profit Margin: 26.81%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.13% (Industry Average ROCE: 14.92%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 13.82% (Industry Average ROE: 20.95%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 8.8
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 4.57
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 18.2 (Industry average Stock P/E: 144.44)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.23
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 26.81%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | HP Avenue, 39/40, Electronic City, Bengaluru Karnataka 560100 | xchangingcompliance@dxc.com http://www.dxc.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Swaminathan Swaminathan | Managing Director & CEO |
| Mr. Shrenik Kumar Champalal | WholeTime Director & CFO |
| Mr. Kartik Ganapathy Iyer | Non Executive Director |
| Mr. Henry D'Souza | Independent Director |
| Mrs. Nonavinakeri Srinivasaiyengar Rama | Independent Director |
| Mr. Pankaj Vaish | Independent Director |
| Mrs. Janaki Ashwin Patwardhan | Additional Director |
FAQ
What is the intrinsic value of Xchanging Solutions Ltd?
Xchanging Solutions Ltd's intrinsic value (as of 27 October 2025) is 66.69 which is 22.36% lower the current market price of 85.90, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 957 Cr. market cap, FY2025-2026 high/low of 122/79.2, reserves of ₹247 Cr, and liabilities of 504 Cr.
What is the Market Cap of Xchanging Solutions Ltd?
The Market Cap of Xchanging Solutions Ltd is 957 Cr..
What is the current Stock Price of Xchanging Solutions Ltd as on 27 October 2025?
The current stock price of Xchanging Solutions Ltd as on 27 October 2025 is 85.9.
What is the High / Low of Xchanging Solutions Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Xchanging Solutions Ltd stocks is 122/79.2.
What is the Stock P/E of Xchanging Solutions Ltd?
The Stock P/E of Xchanging Solutions Ltd is 18.2.
What is the Book Value of Xchanging Solutions Ltd?
The Book Value of Xchanging Solutions Ltd is 32.2.
What is the Dividend Yield of Xchanging Solutions Ltd?
The Dividend Yield of Xchanging Solutions Ltd is 2.33 %.
What is the ROCE of Xchanging Solutions Ltd?
The ROCE of Xchanging Solutions Ltd is 15.4 %.
What is the ROE of Xchanging Solutions Ltd?
The ROE of Xchanging Solutions Ltd is 13.9 %.
What is the Face Value of Xchanging Solutions Ltd?
The Face Value of Xchanging Solutions Ltd is 10.0.

